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Gerdau (Gerdau) Tax Rate %

: 20.24% (As of Dec. 2023)
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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Gerdau's Tax Expense for the three months ended in Dec. 2023 was $30 Mil. Gerdau's Pre-Tax Income for the three months ended in Dec. 2023 was $150 Mil. Therefore, Gerdau's Tax Rate % for the quarter that ended in Dec. 2023 was 20.24%.

Gerdau Tax Rate % Historical Data

The historical data trend for Gerdau's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gerdau Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.34 31.69 23.25 27.62 19.36

Gerdau Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.68 24.21 12.97 16.49 20.24

Gerdau Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Gerdau's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=369.326/1907.548
=19.36 %

Gerdau's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=30.391/150.151
=20.24 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gerdau Tax Rate % Related Terms

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Gerdau (Gerdau) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Gerdau SA (NYSE:GGB) » Definitions » Tax Rate %
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Traded in Other Exchanges
GGBN:Mexico XGGB:Spain GDUB:Germany GDUA:Germany GDUB:Germany GDUA:Germany GGBR4:Brazil GGBR3:Brazil GGB:Argentina
Address
Avenida Dra. Ruth Cardoso, 8,501 - 8th Floor, Sao Paulo, SP, BRA, 05425-070
Website
https://www.gerdau.com
Gerdau SA produces steel and steel products. The company operates in civil construction, agriculture, automotive, iron ore, exports, research and development, and home steel products sectors. It offers products such as nails, rebar, columns, billets, slabs, tribar tutor, mechanical construction bars, reinforced steel locks. The company's geographical segment includes Brazil Operations; North America Operations; South America Operations as well as Special Steel Operations. It derives most of the revenue from the Brazil Operations segment.